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Wednesday, March 11, 2009

Hedging Cost

Transactions for GS.

I just wanted to show you the cost of hedging and the cost of changing your mind.

In yesterday's post, I stated I had a brain fart thinking this week was options expiration; hence, selling the 80c.

GS can fall as fast as it has risen and I did not want to take the risk.

Shorted AMZN@67.55. Missed AZO short.

I like fading some people, but may be you should fade me.

On the other hand, I can show you my numbers, but other people won't.